Trending Articles

article thumbnail

Housing Market Tracker: Inventory and purchase applications data fall together

Housing Wire

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market.

Marketing 383
article thumbnail

How Experts Can Help Close the Gap in Today’s Homeownership Rate

Keeping Current Matters

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color.

Closing 187
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A New Year Starts with Strong Gains

Eyes on Housing

Job growth rebounded in January. After declines for five consecutive months, total nonfarm payroll employment increased by 517,000 in the first month of 2023 and the unemployment rate hit a 53-year low at 3.4% as more people entered the labor market.

article thumbnail

The Agency expands further into Europe with new Portugal franchise

Inman

The new Lisbon office follows The Agency's first foray into Europe — in The Netherlands — last spring. The office will be led by Managing Partner Ayres Neto, The Agency revealed to Inman.

Brokerage 137
article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In this webinar, Keller Williams Team Leader Trey Willard will teach you how to create a winning tech stack, and how to leverage apps for real estate success.

article thumbnail

Growth in pending home sales points to strong buyer demand

Real Trends

Well, friends, Americans are buying houses this winter. Each week housing inventory is falling, and the pending sales are climbing. The market has fewer price reductions and more immediate sales each week. The market is not crazy hot like last year, but the data is irrefutable.

Sales 88

More Trending

article thumbnail

Experts Forecast a Turnaround in the Housing Market in 2023

Keeping Current Matters

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. For Buyers For Sellers Housing Market Updates

Marketing 193
article thumbnail

Age of Housing Stock by State

Eyes on Housing

According to the latest data from the 2021 American Community Survey (ACS), the median age of owner-occupied homes was 40 years. The age of the housing stock is an important remodeling market indicator.

article thumbnail

Regulators fire warning shot over bow of mortgage comparison sites

Inman

The Consumer Financial Protection Bureau warned on Tuesday that operators of mortgage comparison-shopping platforms may be violating RESPA if they manipulate search results to coerce kickbacks.

Mortgages 137
article thumbnail

New-Listing Update

BubbleInfo

The action on the new listing has been good so far. The hot listings usually have a views-to-saves ratio of 10:1, and mine is 29:1 above. Even though the house has a fantastic view, buyers don’t want a project, and it emphasizes how important staging is today.

Staging 87
article thumbnail

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

In this webinar, Mary Maloney will demonstrate a methodology that will help you create a pipeline with continuous prospects.

article thumbnail

Borrowers opt for permanent rate buydowns amid affordability challenges

Housing Wire

Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. In turn, borrowers who are entering the market are leaning heavily toward buying down their first lien interest rates by paying points up front.

Equity 313
article thumbnail

The Top Reasons for Selling Your House

Keeping Current Matters

Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house.

Mortgages 174
article thumbnail

The Aging Housing Stock

Eyes on Housing

The median age of owner-occupied homes is 40 years, according to the latest data from the 2021 American Community Survey[1]. The U.S.

article thumbnail

Broker Tamir Shemesh lands at Nest Seekers after SERHANT. exit

Inman

Following the announcement of his untimely departure from SERHANT. after just one year, Tamir Shemesh has now joined Nest Seekers International, his fourth brokerage in the past six years.

Land 137
article thumbnail

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

article thumbnail

Inventory Watch

BubbleInfo

The new listings are trickling in but no flood yet – and it’s never been so unlikely that a flood is coming. There are a few more active listings sitting around unsold, but last year was unusual in how fast homes were selling this early in the season.

87
article thumbnail

MBA urges removal of DTI-based LLPA

Housing Wire

The Mortgage Bankers Association (MBA) urged the Federal Housing Finance Agency (FHFA) to remove the addition of a debt-to-income loan level pricing adjustment (LLPA) in Fannie Mae and Freddie Mac ‘s pricing framework.

Loans 311
article thumbnail

Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years

Keeping Current Matters

The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so.

Sales 147
article thumbnail

Mortgage Activity Increases after Dip in Rates

Eyes on Housing

Per the Mortgage Bankers Association’s (MBA) survey through the week ending February 3rd, total mortgage activity increased 7.4% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate fell one basis point to 6.18%.

article thumbnail

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

article thumbnail

Mapping out 253 cities with quarterly declines in home value

Inman

Where are home prices falling? Let's map out the 253 cities that saw quarterly declines in the final three months of 2022. But there are indications that this isn't a repeat of the 2008 crash. Markets & Economy Property Portfolio Select cities where home values declined G.

Marketing 132
article thumbnail

Real Estate is Looking More and More Like a Freelancer’s Market

Propmodo

Even with the Federal Reserve decreasing their rate hike to a quarter of a percent in this week’s meeting, the tone was that they were going to stick to the principle that a weaker labor market is necessary in order to combat inflation.

Banks 92
article thumbnail

Hawkish Fed couldn’t curb market optimism — and mortgage rates tumbled 

Housing Wire

The Federal Reserve Chairman Jerome Powell maintained a hawkish tone during his speech at a press conference on Wednesday afternoon — but it wasn’t hawkish enough to keep optimism from spreading across the markets as mortgage rates dropped closer to 6%.

Mortgages 341
article thumbnail

Despite DOJ verdict, NAR isn’t out of the antitrust woods just yet

Real Trends

While the National Association of Realtors (NAR) certainly had cause to celebrate last Wednesday when Judge Timothy J. Kelly of the U.S.

MLS 93
article thumbnail

The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

article thumbnail

Growth of Revolving Debt Slows, Auto Loan Rates Spike in Q4 2022

Eyes on Housing

The balance of consumer credit outstanding grew 6.5% in the fourth quarter of 2022 (seasonal adjusted annual rate) after climbing 6.7% (SAAR) in the third quarter according to the Federal Reserve’s latest G.19 Consumer Credit report.

Loans 85
article thumbnail

Get out of your head! Shut down negative self-talk with these proven strategies

Inman

Whether you’re in leadership, a broker-owner or an agent, negative self-talk plagues virtually everyone, writes trainer Bernice Ross. Here's how to turn off that negative voice in your head and move forward anyway.

Brokerage 131
article thumbnail

Outperform Your Competition With These 10 Prospecting Essentials

Realtors Property Resource

Master these critical prospecting strategies to help you stand out from the competition, increase success, and close more deals. The post Outperform Your Competition With These 10 Prospecting Essentials appeared first on Realtors Property Resource (RPR). Tips / Strategy Digital Marketing Prospectin

Closing 83
article thumbnail

Get ready for HousingWire Annual 2023

Housing Wire

Get ready for Housingwire Annual 2023. Join us on October 10-12, 2023 in Austin, Texas for the ‘All Things Housing’ event of the season. The whole team at HW is so excited to be hosting this event in our home state.

Appraisal 297
article thumbnail

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!